Portfolio Management for February 17, 2016

Yesterday, the system flashed three alerts. One was a long BLUE Breakout Buy. At the time of the alert, BLUE was already up 10%, so it was difficult to chase the stock this high.





The FIVE short alert was also dismissed because it happened on a strong LEV pattern, and I don't like to short stocks when money moves in.



Then came the NQ_100's new real time Money Flow signal, which acted strangely.
In the morning, there were consecutive weak bounces after an early plunge.



Then, the second bounce started to attracted money until a small exhaustion move developed around noon.



Finally, the NQ100 moved higher.

This indicator just started yesterday and does not offer the perspective of past days that would allow us to compare previous MF moves and ranges.



The trade ideas for today are below.

This is options expiration week. This means that we need to expect more moves and counter-moves that will shake out weak hands. Since I trade with tight stops, I am a typical weak hand.